Main Duties & Responsibilities
1. Assist Senior Associate Director to conduct compliance risk assessment as required by compliance policy/ regulatory requirement / including on-going monitoring risk incidents / issues and ensuring incidents are managed effectively.
2.Enhance AML/CTF & Economic Sanctions compliance programs at least covering:
- Perform review of AML process to ensure compliance with required approval procedures for on-boardings non-customers such as vendors, tenants, agents, brokers and etc., including Enhance Due Diligence (EDD) process for high-risk customers review to ensure proper EDD process, included approval from authorized person before issue policy.
- Name screening of WLF Alert closure review (incorrect closure, incomplete/incorrect rationale) for customer and non-customers to ensure for consistency in the alert review process.
- Ongoing Due Diligence (ODD) of customers, vendors, tenants and brokers review to ensure proper data are obtained and updated according to policy requirements.
- Annual review of high-risk customers reviews to ensure all high-risk customers have been reviewed and performed EDD at least once a year according to policy requirements.
- Suspicious transactions (SAM) review for quality of SAM alert closure (incorrect closure, incomplete/incorrect rationale) in Actimize.
3.Enhance the Anti-Corruption compliance programs at least covering:
- Perform review of Anti-Corruption process according to policy requirements.
- Conduct CAC re-certification on a regular basis.
4.Raise and manage issue/concerns at least covering:
- Identify issues and work with Operations and other relevant Departments to find out root causes and rectify any identified issues, including provide recommendation to prevent recurring issues.
- Provide on-going training to relevant parties to prevent recurrence of issues.
5.Perform other duties as assigned.
Qualifications
- University graduate with business degree, preferably with a background in Business Administration, Accounting and / or legal
- At least over 5 years’ experience in compliance function of Life insurance industry, Banking or Finance, experienced on external auditing is preferable.
- Ability to use any data analytic tool or able to write script in order to do data analysis such as SQL, ACL, Power BI.
- Experience in Actimize or any other anti-money laundering (AML) software solutions to detect, investigate and report suspected financial crimes (plus as advantage).
- Good people and communication, and report-writing skills both in English and Thai languages.
- Good problem-solving capability, and ability to work independently and as a team.
- Certified AML Specialist (CAMS) and/or other Professional certification is preferred.
